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Time To Downsize -- Selling Tips?

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Finn235's Avatar
United States
6130 Posts
 Posted 03/29/2016  11:20 am Show Profile   Bookmark this topic Add Finn235 to your friends list Get a Link to this Message Number of Subscribers
The lots have finally caught up with me. I have somewhere between 500-750 ancients, mostly Constantine-Valentinian-Theodosius era, and Crisis era. I have learned a lot in terms of how to sell culls, unidentified lots, and some lower grade lots, but there is a deep rift--a coin that goes for $45 on Vcoins will probably fetch $3-5 on ebay if I start them at $0.99.

How easy is it to liquidate on a site like vcoins? Do coins sell on there within a week? Month? Year?

Here is a rough estimate of what I have to sell:

~200-250 culls
~50-100 identified but low value LRBS
- A handful of Castulo Ibero-Celtic "bull and crescent" coins (maybe 10?)
- A few low grade "widow's mites"
- Maybe 10-15 low grade ptolemy bronzes (the AE13-20 ones)
- A handful of really rough Asses and Sestertii
- A handful of "cross in wreath" AE4s with little or no legend, but probably identifiable from the portrait and cross style

I do have one very rare coin of Herod Antipas, but there isn't enough sale data to figure a price on it--one side is well preserved, but the other was nearly rubbed off. Value should be in the $250-500 range. Definitely more interested in the money than the coin, but no clue how to sell something like that.

Any help or tips appreciated!
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lrbguy's Avatar
United States
949 Posts
 Posted 03/29/2016  12:17 pm  Show Profile   Bookmark this reply Add lrbguy to your friends list Get a Link to this Reply
Finn, have you attributed any of these coins at least to the same degree that David Connors on V-coins attributes his? The coins that can't be attributed are your real culls, and they should be sold in bulk lots of 50 or so or used as ammunition in a slingshot. If any of the culls have a discernible image you might consider over-cleaning them and selling them to jewelry makers. [not kidding].

Once you have isolated the attributable coins, you might try to consign them to a V-coins dealer, but with luck you might net about as much as you would get for selling them on ebay (minus the trouble and aggravation). Or you could put them up on ebay as buy-it-now and sell what you can at your price until you finally decide to group a bunch and let them go at whatever.

Just a couple of thoughts from a guy who has so far been a buyer not a seller. But that time is approaching.
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DavidUK's Avatar
United Kingdom
2624 Posts
 Posted 03/29/2016  12:20 pm  Show Profile   Bookmark this reply Add DavidUK to your friends list Get a Link to this Reply
I think it is a balance, cheap coins sell cheap and expensive ones hang around. I have many coins on my watch list that have been there for 3 years so don't expect them to sell over night. The simple formula is the slower you sell them the more money you are likely to achieve.

Might we worth listing some of what you have in the for sale section here... I am sure some of us would take some off your hands.
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 03/29/2016  1:51 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
With my extra Chinese cash coins (about the same number as your coins), I attributed them all and put them into flips. I sold the entire lot as attributed with an authenticity guarantee. It sold for about 2-5 times what an unattributed lot would sell for. I'm sure attributed Romans would be even more popular.
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tenbobbit's Avatar
United Kingdom
701 Posts
 Posted 03/29/2016  2:08 pm  Show Profile   Bookmark this reply Add tenbobbit to your friends list Get a Link to this Reply
I hear you Finn, I am going through exactly the same dilemma right now.
I did the running before walking bit when I started collecting and now find myself with a large pile of coins that I need to move on.
Lots of Severan empire, crisis, secessionist, recovery, tetrarchy, constantinian and beyond.
I find getting a sensible price range the hardest part, as you mentioned previously what sells on the bay for $3 - $5 is a $40 coin on somewhere like vcoins.
It has put me off listing anything so far until I get a bit more confidence
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John1's Avatar
United States
56855 Posts
 Posted 03/29/2016  2:14 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
victor_clark on ebay also sells on vcoin.His stuff on the bay goes for way more then $3-$5 and start at .99.
John1
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Finn235's Avatar
United States
6130 Posts
 Posted 03/29/2016  2:31 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
I have been buying for a long time, so I have learned how to sell and move cull Romans to recuperate most of the cost of buying them. My ultimate goal is to keep the coins I want, and recover 50-75% of the cost though culls and individual coins... shouldn't be too hard.

I have been lucky so far in that I was able to ride a steep learning curve and only overpaid on a few of my earliest lots--everything else has either been a solid deal, or a complete steal.

One thing I am not sure of, is how to price uncommon or rare coins that are not in good shape. For example, here is a tiny bronze from Ephesos, Ionia:
Time-To-Downsize----Selling-Tips? Time-To-Downsize----Selling-Tips?

Kind of hard to see, but it is attributable at least to that area and timeframe thanks to the bee and the right angle shape that is actually the forepart of a stag. I paid $2.50 for this and a tiny AE4 VOT Roman... probably the third lot I ever bought. This type of coin is seldom attributed due to the extreme level of corrosion, but any attributed Greek coin is not without value.

I am thinking the way to go for many is to put together specific lots--e.g. a lot of Greek city state coins; a lot of Hellenistic kings; 12 Caesars and golden age emperors; Severan and Crisis emperors; Constantine and later dynasties.

One trick I have learned is to charge enough in shipping that people who want a specific coin will be compelled to win multiple coins or lots to combine shipping. That trick has worked on me many times, and it will again in the future.
Edited by Finn235
03/29/2016 2:37 pm
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